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1203 Lorraine St

Danville, IL 61832

2 bd 1 ba 925 sqft Built 1958 Lot 7,200 sqft single_family
Most recent sale
$14,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $14,000 MLS #11278654
Dec 3, 2021 Listed $30,000 MLS #11278654
Apr 9, 2012 Listing removed $29,900 DanvilleIL
Apr 6, 2012 Sold $25,000 Public Record
Nov 23, 2011 Price changed $29,900 MLS #197817
Sep 15, 2011 Listed $35,000 MLS #197817

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $4,440 $1,698 $6,138 $554
2022 $3,376 $1,291 $4,667 $496
2021 $7,017 $1,195 $8,212 $900
2020 $6,780 $1,155 $7,935 $877
2019 $6,780 $1,155 $7,935 $893
2018 $6,746 $1,149 $7,895 $690
2017 $6,629 $1,129 $7,758 $474
2016 $6,315 $1,075 $7,390 $695
2015 $5,991 $1,020 $7,011 $477
2014 $5,991 $1,020 $7,011 $455
2013 $5,991 $1,020 $7,011 $668
2012 $6,373 $1,085 $7,458 $236

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
925 sqft
Lot size
7,200 sqft
ZIP code
61832
City
Danville
Street
Lorraine St
Coordinates
40.14483, -87.59921

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$84
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1203 Lorraine St last sell?
1203 Lorraine St most recently sold on Mar 18, 2022 for $14,000.
What is the current tax assessment for 1203 Lorraine St?
The most recent total assessment for 1203 Lorraine St (year 2024) is $6,138 with $554 in property tax.
How does 1203 Lorraine St's assessment compare to its last sale price?
The current assessment is 56.2% below the last sale price of $14,000.
When was 1203 Lorraine St built?
1203 Lorraine St was built in 1958.
How does 1203 Lorraine St compare to others on Lorraine St?
We track 8 other properties on Lorraine St. Browse the list under "Other properties on Lorraine St" to compare beds, baths, and sale history.
What are the property facts for 1203 Lorraine St?
1203 Lorraine St is a 2 bed, 1 bath, 925 sqft, 7,200 sqft lot single_family.
Is 1203 Lorraine St a flip candidate?
No — 1203 Lorraine St does not appear in our flips dataset.
Is 1203 Lorraine St a tax-appeal candidate?
No — 1203 Lorraine St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$141.5K
2026 Q4
$145.2K
ZIP 61832 — Median Price History + Forecast

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